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Optimal Finance Daily - Financial Independence and Money Advice

1372: 7 Rules for Growing Slow (But Sustainable) Wealth by The Editors of Get Rich Slowly

Optimal Finance Daily - Financial Independence and Money Advice

Optimal Living Daily LLC

Investing, Self-improvement, Education, Business

4.51.3K Ratings

🗓️ 11 December 2020

⏱️ 11 minutes

🧾️ Download transcript

Summary

The Editors of Get Rich Slowly share 7 rules for slow and sustainable financial growth. Episode 1372: 7 Rules for Growing Slow (But Sustainable) Wealth by The Editors of Get Rich Slowly J.D. Roth has been reading and writing about personal finance for a decade. Today he’s financially independent, but ten years ago, his money life was a disaster, with over $35,000 in consumer debt. He started turning everything around in 2004. By being the boss of your own life, you, too, can be the master of your own financial fate. The original post is located here: https://www.getrichslowly.org/7-rules-for-growing-slow-but-sustainable-wealth/ Visit Me Online at OLDPodcast.com Interested in advertising on the show? Visit https://www.advertisecast.com/OptimalFinanceDaily Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

If you've been feeling overwhelmed with anxiety lately, try listening to a guided meditation on the Meditation for Anxiety Podcast.

0:10.0

Meditation is a proven natural way to help you calm down and dissolve stress so you can

0:16.5

feel lighter and happier. So subscribe for free today to the Meditation for

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Anxiety Podcast by searching for Meditation for Anxiety on

0:26.0

your favorite podcast player.

0:30.0

This is Optimal Finance Daily, episode 1372.

0:34.3

Seven Rules for Growing Slow, but Sustainable Wealth

0:38.6

by the editors of Get Rich Slowly.org.

0:42.1

And I'm your host and personal finance enthusiast,

0:45.2

Diana Merriam.

0:46.6

If you're listening in real time and celebrating today,

0:49.7

happy Hanukkah friends, and thanks so much for joining me for this episode of Optimal Finance

0:55.4

Daily. But for now, let's get right to today's post as we optimize your life.

1:05.0

Seven rules for growing slow but sustainable wealth by the editors of Get Rich Slowly.

1:11.0

org You can grow and sustain wealth if you have nothing right

1:16.8

now. Many will argue that fortunes can be made overnight. While that may hold

1:22.4

very true in some cases,

1:24.3

the majority of those who have made it

1:26.2

will tell you it did indeed take a great deal of time,

1:29.6

coupled with some correct financial choices. For me, wealth did not come solely from

1:35.6

entrepreneurship or financial risk, but rather it came as a result of

1:40.1

diversifying my investments all while growing my equity leverage and identifying the right opportunities

...

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